In priority, Ucrest needs to sign a formal Agreement of Terms and Conditions with Russia, before they can proceed with manufacturing. Without which the deal is not certainty, not easy for price to fly.
WHO & WHERE COULD BE THE 2 CONTRACT MANUFACTURERS THAT HAVE SIGNED CONTRACT MANUFACTURING AGREEMENTS WITH UCREST BE LOCATED IN CHINA (abt 475M doses per yr)?
In view of UCrest's cooperative relationship with the Chinese government & state-owned enterprises in the Shanxi Province, it's very likely that these 2 contract manufacturers could be located there itself. Chances are these 2 companies could be amongst the names listed below: - Ref: www.dnb.com/business-directory/company-information.pharmaceutical-manufacturing.cn.shanxi.html
The important of formal Agreement is, Ucrest would be free of any responsibility cause by uncertainty. The vaccines produced will send to Russia, and it is Russia's concern to sell to any parties.
illogical for ucrest to follow pharma....pharma starts from rm4...now still high...if keep following abg besar going down...later ucrest tinggal 5 sen.....kikikikih
Anyway, just wondering why there are still no interest from major shareholders or BODs to add more stake? If the business model is exceptional as the CEO has portrayed, we should expect more interest from them. This will convinve others to add more units for this stock.
Just something to ponder...this is one of the reason I still have doubt to enter...any expert want to share opinions?
@Trader258.... is not UCrest's job to ask for approval ... in the case of Sputnik V, dphama is responsible..... go and find out more how Ucrest's role in this vaccine deal..... too long a story to tell la....kikiki
Yongtai also got vaccine contract from goverment .. obviously ucrest has nothing to do with vaccine ..tomorrow maybe the price wikk reach 30 cents .. yongtai and duopharma managed to beat ucret over the vaccine contract
Congratulation for those who bought low yesterday, good sign and well supported based on chart....immediate TP 0.43 and 0.465....once broken then next resistance 0.54.....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Plug
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Posted by Plug > 2021-06-03 11:03 | Report Abuse
Woo Wayang friend say wayang ...haha